Smart and integrated renewables: a solution to the world’s energy demands

Today, 50% of all energy costs are caused by large scale grids. Grids will have to adapt to the new realities of SMART energy: decentralized power generation and the need for storage.

Source: Fotolia

50% of all energy costs are caused by large scale grids.

Urban areas in particular will develop microgrids based on standardized systems and integrated design, allowing for a decrease in overall energy transport costs. Big data e-solutions will help to make energy smart for every application.

Smart Energy Generation:

Big data solutions will make energy consumption precisely predictable for households and factories.

Smart Supply:

The internet of things will completely change the energy market. Demand will no longer define supply; supply defines demand.

Smart Consumption:

Trading and smart usage of electricity will be on an ad-hoc basis automated for everyone, whether private or industry.

Smart Distribution:

Larger scale renewable energy production creates overcapacities

Storage is required to bridge renewable energy fluctuations from seconds to months

Mobility and transport must move on from fossil fuels

Smart grids require flexible and durable storage solutions

The grid of tomorrow will have to offer more storage capacity, flexibility and a more dynamic reaction time. For trading energy, an optimized and efficient energy storage infrastructure with flexible storage capacity on a short and long-term basis is called for. City districts will form urban microgrids and electric vehicles amount to a massive storage cloud with immediately available energy.

Vision: the electric vehicle storage cloud

In 2020, 2.5 Million private cars are expected to be registered in Shanghai alone. If each car was to have a 40KWh battery, Shanghai cars would provide a 100gigawatt storage cloud.

This enormous potential of stored energy can only be utilized if batteries can live through a significantly higher number of charging & discharging cycles than is currently the case.

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